Cattle Markets Open in Depok Ahead of Eid al-Adha
Cattle markets have opened in Depok, Indonesia, ahead of Eid al-Adha. Sellers report fewer customers as fuel prices rise and the rupiah reaches record lows.
Cattle markets have opened in Depok, Indonesia, ahead of Eid al-Adha. Sellers say the number of buyers has fallen compared with previous years.
-Iran war, according to sellers. S. dollar. Higher costs for transportation and feed have raised the price of cattle, sellers said. Some vendors reported that customers are choosing smaller animals or delaying purchases.
Crowds still gather at the markets, but many visitors leave without buying. Sellers said they expect sales to pick up closer to the holiday. The markets operate in open lots and temporary structures set up for the occasion. Livestock is transported from rural areas to meet demand in the city.
Key Facts
Potential Impact
- 01
Higher fuel and feed costs may reduce livestock purchases for some buyers.
- 02
Sellers may adjust prices or offer smaller animals to meet demand.
Transparency Panel
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